Eni may open Iraq business to China's CNPCItalian oil and gas group Eni is considering opening its business in Iraq to investment by Chinese oil company CNPC after offering it a stake in its bumper Mozambique gas field earlier this month, two sources said. More… |
China frontrunner to buy Exxon stakeChina National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the US-led invasion. More… |
Iraq favours bids by CNPC and LukoilIraq would favour bids by Russia's Lukoil and China's CNPC if they decided to buy ExxonMobil's stake in the West Qurna-1 oilfield, a senior oil ministry official said. Baghdad had received "positive signals" More… |
Iraq’s Halfaya oilfield starts operationState-owned China National Petroleum Corporation (CNPC) said the first phase of Iraq's Halfaya oilfield had started operating and had a production capacity of 100,000 barrels per day. CNPC, which is the first foreign oil company to sig More… |
China oil giant to set up logistics hub in DubaiChina National Petroleum Corp (CNPC), the country's largest oil and gas producer, is planning a logistics hub in Dubai to minimise possible disruptions from geopolitical risks in the Mena, the China Daily reported on Tuesday. CNPC, sta More… |
Qatar, China to push for $12.6bn refineryChina's top energy group and its partners Qatar Petroleum and Royal Dutch Shell agreed to push ahead with plans for a $12.6 billion refinery and petrochemical complex in east China which is likely to start before similar rival facilities. More… |
Adnoc, CNPC to cooperate on oil projectsState-owned Abu Dhabi National Oil Company (Adnoc) signed a strategic agreement with China National Petroleum Corporation (CNPC)to collaborate in upstream projects in undeveloped areas, state-news agency WAM reported on Tuesday. 'The C More… |
BP gets Iraq Rumaila crude paymentsBP received a third payment for its investment in Iraq's supergiant Rumaila oilfield when a tanker loaded 2 million barrels of light crude at the southern oil hub of Basra on Tuesday, a shipping source said. The vessel B Elephant start More… |
Iran suspends China contract in gas fieldIran said on Tuesday it had suspended a contract with China's National Petroleum Corporation International (CNPCI) for development of its North Pars gas field "until further notice," an Iranian official told the semi-official Mehr news agenc More… |
Iran restates threat to take project off ChinaIran reiterated to China on Saturday it could take back control of a gas field being developed by its national oil company unless it speeds up investment, one week after the new Iranian oil minister said no foreign contractors were needed. More… |








